Tech CUSO, Item Processing Firm Combine Forces

MnIPC, an item processing company, and CUsource, a technology services CUSO, said they have linked up to help combine deposit item volume and help control cost for credit unions.

Through the partnership, the Great Falls, Mont.-based CUsource will be able to process its credit unions’ deposit items more efficiently and cost-effectively using MnIPC’s technology and expertise, according to both firms.

Building upon a long history of service in the Minnesota market, the St. Paul, Minn.-based MnIPC said it began expanding its service to credit unions around the country several years ago.

CUsource said it has served credit unions in Montana, Kansas, Washington and Wyoming for 25 years by providing products that include data processing, draft services, security services including ISP, instant messaging and email with spam filtering and intrusion protection.

MnIPC said it is an independent check processor that has served credit unions for more than 30 years through a suite of services including item processing services, remote deposit capture, return item processing, online image access, and adjustment processing.